4-bedroom terraced house · RG2 0EH
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property comes to market with great potential for an investor or first time buyer. Also there is no onward chain.
With two reception rooms downstairs and three bedrooms upstairs, it could be used as a four bedroom property.
It has a good sized enclosed garden at the rear, with on street permit parking at the front.
In need of some updating but with a new main roof, it sits within reasonable walking distance to The Royal Berkshire Hospital, Reading University and Reading Town centre.
Even closer walking distance to local amenities like a health centre and schools, at the end of the road there are many shops, and bus routes to Wokingham and Reading Town centre, giving easy access to the Oracle shopping centre and riverside restaurants, also Reading main train station, which has direct trains to London Paddington and the Elizabeth line taking you into central London.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 60, Essex Street, Reading
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